PE Tech Report


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DealCloud expands Nordic presence

DealCloud, provider of a single-source deal, relationship, and firm management solution for capital markets firms, has expanded its Nordic business with the addition of 10 new clients in the region including Argentum Asset Management, GRO Capital, FIH Partners, FSN Capital, Intera Partners, Nordea Asset Management, and Summa Equity.“GRO Capital has selected DealCloud as the best system to support digitalisation of our operations,” says Lars Dybkjær, Managing Partner at GRO Capital. “We are very pleased with both the implementation process as well as the strong functionality of the system and it is clear that DealCloud has deep PE sector expertise.”

“DealCloud was the natural choice for us due to its flexible platform and focus on the capital markets industry,” says Christian B Jensen at Argentum Asset Management. “The DealCloud platform will improve efficiency in our existing processes through a solution customized to our needs while also enabling us to run more advanced analysis across our data sets.”

“We are excited to partner with DealCloud,” says Christian Melby at Summa Equity. “Our team chose this platform as it is one of the most solid and complete CRM offerings for private equity on the market today. We look forward to the implementation and further streamlining our investment processes.”

“DealCloud’s flexibility and simplicity is astounding,” says Christopher Conradi, CDO at FSN Capital. “We wanted a system that would help digitise our processes, yet still be flexible enough to adapt and grow as we evolve — not the other way around. It was also key that we could find an implementation team that knew our industry, and knew what best practices we should adhere to. After a thorough evaluation, we found DealCloud to be the best fit to meet our requirements. After a short implementation phase, we’re already seeing major benefits. We can now see information we didn’t have access to before, we are able to fine-tune how we spend our sourcing time, and we finally have a central repository that doesn’t imprison our data. It feels like we have just been given a superpower!”

Mike Santos, Vice President of Client Development for DealCloud in the EMEA region, put these new partnerships into perspective. 

“Dry powder is at near-record highs in capital markets, driving increased competition. Forward-thinking firms are responding by improving internal operations to differentiate themselves, attract new deals, and create a successful dealmaking season,” says Santos. “According to results from our recent Dealmaker Pulse Survey, technology is the single most important driver in the dealmaker’s ability to move quickly, stay organised, and remain competitive in today’s private capital markets.”

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